Market Share of Molded Fiber Packaging Industry
The molded fiber packaging market is highly fragmented, with the presence of major players like Huhtamaki OYJ, Henry Moulded Products Inc., Omni-Pac Group UK, Cullen Packaging Ltd., and Brødrene Hartmann A/S. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In May 2023, Omni-Pac Group UK, a manufacturer of molded fiber packaging solutions, announced the opening of a new site of EUR 8 Million (USD 8.5 Million) and 60,000 square feet, located in the town of Scunthorpe, which will enable the company to increase its production capacity and create more than 100 new employment opportunities over a period of five years.
In December 2022, Cullen announced a customer acquisition. It will soon be supplying a wide range of its SRPs to CakeDécor, the UK's largest manufacturer and supplier of cake decorations. Cullen also manufactures a wide range of products for factory bakeries, fine food manufacturers, handicraft workshops, and leading UK supermarkets, building a reputation for quality.
Molded Fiber Packaging Market Leaders
Huhtamaki OYJ
Henry Moulded Products Inc.
Omni-Pac Group UK
Cullen Packaging
Brødrene Hartmann A/S
*Disclaimer: Major Players sorted in no particular order
